Fashion Investments and M&A

Date: December 2016
Buyer: Fidelity Management & Research
Target: Rent the Runway
Business: Designer fashion hire
Value: $60m
Details: Other investors include existing investors Technology Crossover Ventures, Bain Capital Ventures, Highland Capital Partners and Advance Publications. Total invested in the company has reached $190m.

Date: December 2016
Buyer: Sumitomo Rubber Industries
Target: Dunlop
Business: Sportswear brand
Value: $137m
Details: Japanese Buyer: (originally called Dunlop Rubber Company) already owns rights to the Dunlop brand.

Date: December 2016
Buyer: Crowdfunded
Target: Bluebella
Business: UK lingerie brand
Value: £1m
Details: More than 7,000 investors help UK business to beat funding target.

Date: December 2016
Buyer: Boohoo
Target: Pretty Little Thing
Business: Young fashion brand
Value: £3.3m
Details: Acquisition of 60% stake.

Date: December 2016
Buyer: Gangtai Group
Target: Buccellati
Business: Jewellery
Value: c$200m
Details: Chinese conglomerate acquires 85% stake in Italian business from Clessidra Capital Partners and family ownership.

Date: December 2016
Buyer: Warburg Pincus
Target: Gabriel Brothers
Business: Fashion and home retailer
Value: Undisclosed
Details: Secondary buyout from Alvarez and Marsal Capital of US chain trading under Gabe’s and Rugged Warehouse brands.

Date: December 2016
Buyer: Brentwood Associates
Target: SAXX Underwear
Business: Mens underwear
Value: c$50m
Details: Acquisition of a minority stake in Canadian based business.

Date: December 2016
Buyer: Kalaari Capital (lead investor)
Target: StalkBuyLove
Business: Online retailer
Value: INR 410m
Details: Series A funding for women’s clothing and accessories etailer. Other investors include Asian E-Commerce Alliance, Asian Venture Group, Kabs Ventures and Singularity Ventures.

Date: December 2016
Buyer: 21st Century Fox (lead investor)
Target: Osterhout Design Group
Business: Wearable technology (glasses)
Value: $58m
Details: Series A funding which values the company at $258m. Other investors include Shenzhen O-film Tech; Vanfund Urban Investment & Development.

Date: December 2016
Buyer: Calares Inc
Target: Allen Edmonds Shoe Corp
Business: Footwear brand
Value: $255m
Details: Exit for private equity firm Brentwood Associates.